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Founded in 1927, Schultheis & Panettieri, LLP is a leading provider of accounting, auditing and tax services in the NY Tristate Area and along the East Coast.

Based on Long Island, with an office in Manhattan, Schultheis & Panettieri, LLP is committed to building and maintaining strong relationships with our clients. We believe that actions speak louder than words and prove it every day by anticipating and responding to our client's needs.

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Regulatory Update News

What Markets Did While You Were Tanning
The bulls wobbled on geopolitical news, then have resumed their run.

Why Analysts Say TransCanada Is Undervalued
Growth prospects are strong, especially if pipe and generation assets are split.

There's No Need for Investors to Fear September
Historical stock-market returns for the month aren't as ominous as some investors believe.

How to Fire Your Financial Adviser
Weekend Investor: Cutting ties with someone who has helped you navigate tough financial issues can be difficult. Here's how to do it.

Why Your Cash Isn't Trash
Weekend Investor: Your cash might be earning more than you think—even as it loses value to inflation.

The Payoffs of Investing Locally
It can be worth it both financially and personally, but there are risks. Here's what you need to know.

How Much Diversification Is Too Much?
We run the numbers to see how much expanding your investment holdings really pays off.

'Alternative' Investments: What You Need to Know
Jonathan Clements provides three broad guidelines.

Terex Is Poised for Heavy Lifting
Crane maker should benefit from several tailwinds.

Taking Stock of Automated Financial Advisers
These online services use computer programs to manage portfolios—and charge far less than traditional brokerages. Should investors bite?

Calling a Market Peak Is Only Half the Battle
Hulbert on Investing: Investors who side-step a bear market often blow the timing of getting back into stocks.

Stock Bargains, Off the Beaten Path
Wealth Effect: Many assets are pricey, but some pros say stocks in countries, including Russia, Japan and Peru, are worth a look.

Keeping Your Portfolio on Track, for the Long Term
There are three question you should ask yourself, says Jonathan Clements.

Investor, Know Yourself
Want to be a smarter investor? Get in touch with your feelings. Deeply buried fears can keep us from taking risks—keeping us safe, perhaps, but also robbing us of potential return.

D.R. Horton Attracts Some Bulls
Home builder's hard-hit stock is now in bargain territory.

Safety and Risk in Ultrashort Bond Funds
These funds are far less volatile than long-term bonds, but investors can still suffer losses.

When Stocks and Bonds Yield Nothing
Jonathan Clements explains how to make your money work harder.

Some See Upside for Halliburton
For better or worse, the company is in fracking.

Why Analysts Say TransCanada Is Undervalued
Growth prospects are strong, especially if pipe and generation assets are split.

Worried About Having Enough Retirement Income?
Jonathan Clements lays out five steps for getting you there.

What Markets Did While You Were Tanning
The bulls wobbled on geopolitical news, then have resumed their run.

The Tax Bill Comes Due on Kinder Morgan MLPs
Investors in two master limited partnerships could owe big taxes in the proposed reorganization.

There's No Need for Investors to Fear September
Historical stock-market returns for the month aren't as ominous as some investors believe.

Why I Fired My Financial Adviser
The relationship got off to a rocky start, says this Journal editor. Nine months later, it was over.

How to Fire Your Financial Adviser
Weekend Investor: Cutting ties with someone who has helped you navigate tough financial issues can be difficult. Here's how to do it.

How to Play Catch-up on Retirement Savings
If you've socked away too little, combine a higher saving rate with smart planning on Social Security and when to leave the workforce.

Insurance Against Outliving Your Retirement Savings
You should think twice before jumping into 'longevity annuities.'

Schlumberger Shares Could Get North American Boost
Recent acquisitions should help it exploit the fracking boom.

Financial Beliefs You Might Not Like
Jonathan Clements shares 13 personal convictions on investing.

When Grandparents and 529 Plans for College Savings Clash
Well-intentioned gifts to grandchildren could hurt their chances of getting financial aid.

Tax-Smart Giving Made Easy
Weekend Investor: Many donors benefit by making charitable donations through a 'charitable gift trust' or 'donor advised fund.'

Strategies for Smoother Ride in Stocks
'Low volatility' funds are one option, but maybe not the best choice.

How to Teach Teens About Investing
Consider giving them real money to invest—but not without sharing these three stock-market truths.

Financial Advice for College Freshmen
The Experts suggest ways students can be smart about saving and spending on campus.

Terex Is Poised for Heavy Lifting
Crane maker should benefit from several tailwinds.

'Alternative' Investments: What You Need to Know
Jonathan Clements provides three broad guidelines.

Hedge Funds in Your 401(k): Do They Fit?
Many asset managers argue that nontraditional investments belong in your 401(k) or other retirement account. But with giant pension plans cutting their exposure to hedge funds, retirement investors should open their eyes before they open their wallets.

Why Your Cash Isn't Trash
Weekend Investor : Your cash might be earning more than you think—even as it loses value to inflation.

The Best Books for Investors
Summer may be winding down, but there's still time to sit back with a good financial read. We asked The Experts what book they would recommend to investors.

The Art and Science of Comparing Fund Returns
The Experts discuss what investors overlook the most when analyzing fund returns.

Toothless but Self-Aware
If you're planning to see "The Production Line of Happiness," the Christopher Williams retrospective now at the Museum of Modern Art, be prepared to be baffled and irritated.

The Tax Debate That Won't Go Away
The Experts weigh in on whether it's fair that tax rates for capital gains and most stock dividends are lower than tax rates on earned income.

Who Are Your Investment Role Models?
We all have role models whose investing savvy and financial knowledge we admire—and even try to emulate. The Experts tell us theirs.

Your Options for Required IRA Distributions
The timing of your first withdrawal can have big tax consequences.

Keeping Your Portfolio on Track, for the Long Term
There are three question you should ask yourself, says Jonathan Clements.

D.R. Horton Attracts Some Bulls
Home builder's hard-hit stock is now in bargain territory.

Calling a Market Peak Is Only Half the Battle
Hulbert on Investing: Investors who side-step a bear market often blow the timing of getting back into stocks.

Taking Stock of Automated Financial Advisers
These online services use computer programs to manage portfolios—and charge far less than traditional brokerages. Should investors bite?

Stock Bargains, Off the Beaten Path
Wealth Effect: Many assets are pricey, but some pros say stocks in countries, including Russia, Japan and Peru, are worth a look.

Safety and Risk in Ultrashort Bond Funds
These funds are far less volatile than long-term bonds, but investors can still suffer losses.

Time to Invest in Emerging-Markets Stocks?
Some analysts and fund managers think this is a good time to invest in emerging-markets stock mutual funds or ETFs, despite the sector's recent rally. But if you do, hold on to your hat.

Men Had Their Chance; Now, There Are 'Women Funds'
Backed by studies that say female-led companies perform better, new funds are snubbing male-dominated companies and betting on women.

The Fault in Our Private-Equity Stars
A new study finds that the skills of some private-equity fund managers can be worth several percentage points of annual returns. But finding the best managers is more complicated than checking past performance.

What About the Bonds?
Fund Fiend: As the likelihood of rate increases nears, portfolio managers are concerned about a lack of liquidity in bond markets and what that will mean for prices.

Why Investment Time Horizon Matters
In Translation: When it comes to investing, you can't ignore the clock.

Robot Advice for ETFs
Several online brokers now offer free tools that make it easier for investors to build and manage an ETF portfolio. See what differences we found when we tested them out.

Can Third Avenue Value Fund Soar Again?
The Third Avenue Value fund hasn't flown as high in recent years as it did under Marty Whitman, but new portfolio manager Chip Rewey hopes to change that.

These ETFs Track 'Quality' Stock Indexes
A raft of ETFs have sprung up to track indexes that measure the quality of stocks with metrics like dividends, return on equity and cash flow.

When Stocks and Bonds Yield Nothing
Jonathan Clements explains how to make your money work harder.

Can You Afford Early Retirement?
The five-year rally in stocks has bolstered workers' nest eggs. But consider these six issues first.

Strategies to Profit From Corporate Spinoffs
The big Synchrony IPO calls attention to different ways to invest in such deals.

Three Signs That Point to a Stock-Market Tumble
Hulbert on Investing: Three indicators that preceded past downturns are flashing now.

How an 'Inversion' Could Raise Your Taxes
Tax Report: Shareholders in U.S. companies involved in inversion deals are likely to owe capital-gains tax.

Three Ways to Play 'Inversion' Boom
Investors can choose mutual funds or individual stocks to try to benefit from these tax-driven corporate deals.

Nine Reasons to Love Your Mortgage
It's a big debt, but there's an upside to it, writes Jonathan Clements.

Books That Can Boost Your Portfolio
Brett Arends suggests some business classics that every serious investor should read.

The IRS Rules on Deducting Capital Losses
You can't always use losses to offset capital gains.

Some See Upside for Halliburton
For better or worse, the company is in fracking.

Check Brokerage Statements For Fraudsters' Fingerprints
The risk of cybertheft is another reason to look closely at monthly mailings and online accounts.

The Right Way to Invest Globally
U.S. investors have ramped up their holdings of foreign stocks. Yet many still don't own enough—or go about it the wrong way.

Test Your Prediction Skills
Crystal Ball: What's ahead for Herbalife shares?

A Hot Employer Stock Can Burn You
Wealth Effect: Today's young tech tycoons should heed the meltdown of one-time highfliers such as Pets.com and Webvan.

Dow Jones Newswires Codes - Subject Codes

The Leeway in Required IRA Withdrawals
You can withdraw the total required amount from any one, or a combination, of IRA accounts.

Can You Really Afford a New Child?
Many parents fail to plan fully for the financial impact of a newborn.

Now on Sale: Six Promising Retail Stocks
They've been beaten down, but stand to come back, Barron's says.

Short on Retirement Savings?
One plan of action: Work until you're 70 to maximize your Social Security payout, writes Jonathan Clements.

Farmland or Timberland for Your Portfolio?
Interest from high-net-worth investors has grown, as people seek income and inflation protection.

When to Leave Lagging Fund or Adviser
Hulbert on Investing: Don't move too fast: Even long-term stars have periods of subpar performance.

3 Reasons It's a Good Time for Investors
Growing choices, falling fees and lower tax rates have opened up opportunities that didn't exist decades ago. Here's how to take advantage of the changes.

Weigh Investing Risk Now, Before Markets Sag
Five years into a bull market for stocks, retirement savers should confirm they have an asset mix they could hold comfortably even in a downturn.

How Realogy Shares Could Soar 25%
The company has strong brands, healthy cash flow and an improving balance sheet.

Common Core Becomes Touchy Subject for Governors
A governors group that helped create the Common Core education standards didn't plan an official discussion on the controversial subject at its summer meeting, a sign of how the bipartisan idea has become a political minefield.

Common Core Becomes Touchy Subject for Governors Group

The Five Worst Investments for Individuals
Financial experts point to complex products such as "liquid alternative" mutual funds and nontraded real-estate investment trusts that have numerous risks and high fees.

New Wave of Apps for Wealthy Investors
Wealth managers such as Citi Private Bank and Bank of America's Merrill Lynch are adding Web tools for their clients.

Financial Advisers: Show Us Your Numbers
If an adviser is talking about how much return he can get for you, then why doesn't he document his own performance?

Fiat Says Issuance Will Be Subject to Market Conditions

Carter Cleveland on the Future of Art
Online art startup founder Carter Cleveland says the Internet will make art as ubiquitous a presence in culture as music is today.

How Percentages Trip Up Investors
Some experts say percentages don't seem like real money to people, especially when it comes to risks and expenses.

Momentum Investing, Er, Loses Momentum
How hot stocks fit into a portfolio, and how not to get burned by them.

Why Tighter Credit Spreads Matter to Investors
Spreads between corporate and Treasury yields are at their lowest levels since the financial crisis. Here's what that means for bond investors.

Fund Manager: 'Stupid' Now, Smart Later?
Eric Cinnamond's track record has been clobbered by his heavy cash stake, but he is sanguine it will pay off over time.

Leveraged ETFs Deliver Fewer Surprises in Calm Markets
The quiet that has enveloped the stock market in recent months has been a boon to these much-criticized funds.

An Index-Beating Index ETF
Guggenheim Solar has outperformed its benchmark, thanks to the fees it collects from those who want to borrow its securities. But it's not all good news for investors.

Stock Funds Up 3.4% but Bonds Get the Love
Quarterly Monitor: Most types of stock mutual funds gained, but enthusiasm for U.S. stocks waned as investors were net sellers of these investments in recent months.

How to Tap an IRA Early Without a Tax Penalty
If you must withdraw cash from an IRA before age 59½, there are more ways than you might think to avoid a 10% tax penalty.

With Stocks So High, Should Investors Move to Cash?
Taking dollars out of the market has hurt returns lately, but proponents say playing it safe eventually will pay off.

Fund Clobbered by a Big Emerging-Markets Bet
Alpine International Real Estate Equity seeks to regain investor confidence after falling from grace in 2008.

Alternative-Energy Funds Get a Second Wind
After some big losses, the funds have posted sizable gains and collected new money from investors.

Small Stocks Could Be Getting Too Cocky
Small-stock valuations are getting stretched, adviser Brad Bickham says; he is ready to sell if they get more expensive.

Essential Financial Steps for Young Workers
Within your first five years on the job, make sure you do these six things.

Too Many Eggs in Your Boss's Basket
Even some people who work for Warren Buffett are scaling back how many eggs they put in one basket.

Voices: Robert Cheney, on Advising Tech Start-Up Workers
'Advising early-stage tech industry employees and founders involves a unique set of challenges.'

Mistakes People Make When Looking for Investment Advice Online
The Experts weigh in on what to look for and avoid when hitting the Internet for guidance on where to put your money.

Lessons From Smart—and Not-So-Smart—Purchases
The Experts weigh in on what they learned from the smartest and dumbest things they ever bought.

Student-Debt Advice for College Graduates
The Experts offer suggestions to college graduates starting off their careers with enormous student loans to repay.

A Haven for Junk-Bond Refugees
Six stocks with junk-like yields and strong growth prospects

HealthCare.gov to Allow Automatic Re-enrollments
Policy change will make it easier for consumers to keep plans and retain subsidies.

Stocks at Midyear: Better Than Many Expected
Given last year's huge rally and a harsh winter, the market is holding up well.

Huge Returns at Low Risk? Not So Fast
Some money managers look back in time to see what would have worked, then show the hypothetical future results as if they were real.

What to Do When Your 401(k) Includes Pretax and After-Tax Contributions
Columnist Karen Damato answers readers' questions about retirement-related issues in personal finance.

Reconsider the Roth: Benefits for Older Investors, Too
New research challenges the practice of recommending Roth retirement accounts mainly to young investors.

A New Perspective on Your Portfolio
Don't overlook your house and Social Security in assessing your asset mix.

Will Demographic Trends Slash Stock Returns?
Jonathan Clements describes a compelling theory that says an aging population will restrain economic growth.

Why Franklin Resources Looks Appealing
The investment-management firm has a global presence and lots of cash.

From Spender to Saver to Investor
It's a process that starts with getting a handle on your cash flow.

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